The Federal Trade Commission ________ the Merger Between AT&T and T-Mobile

The Federal Trade Commission ________ the merger between AT&T and T-Mobile because the merger was projected to ________.

A) did not approve; increase the HHI by at least 700 points and reduce market competitiveness
B) approved; increase the HHI by only 700 points and not substantially affect market competitiveness
C) approved; decrease the HHI by almost 500 points
D) did not approve; increase the four-firm concentration ratio by 20 percent
E) did not approve; cause the firms to engage in predatory pricing